PDD Holdings Inc.
PDD- Exchange
- Nasdaq
- Industry
- Services-Business Services, NEC
- SEC CIK
- 0001737806
In the last 90 days, PDD Holdings Inc. insiders filed 0 open-market purchases and 1 sale; 508 institutions reported holding it in 13F filings for Q2 2026, worth $32.9B in total; 4 superinvestors hold it, including H&H International Investment and Himalaya Capital.
13F holders, Q1 2025
Institutional positions in PDD Holdings Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 584
- +5 vs. Q4 2024
- Shares held
- 456.1M
- +58.7M (+14.8%) vs. Q4 2024
- Total value
- $49.1B
- +$9.87B (+25.2%) vs. Q4 2024
- New holders
- 99
- 227 more added
- Sold out
- 94
- 185 more reduced
8 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting PDD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 508 | $32.9B |
| Q1 2026 | 568 | $43.4B |
| Q4 2025 | 574 | $49.6B |
| Q3 2025 | 560 | $53.9B |
| Q2 2025 | 537 | $42.9B |
| Q1 2025 | 584 | $49.1B |
| Q4 2024 | 587 | $39.5B |
| Q3 2024 | 602 | $55.8B |
| Q2 2024 | 646 | $57.6B |
| Q1 2024 | 577 | $44.2B |
| Q4 2023 | 584 | $55.8B |
| Q3 2023 | 473 | $35.8B |
| Q2 2023 | 452 | $23.2B |
| Q1 2023 | 468 | $25.9B |
| Q4 2022 | 451 | $26.5B |
| Q3 2022 | 411 | $19.2B |
| Q2 2022 | 394 | $17.7B |
| Q1 2022 | 353 | $11.0B |
| Q4 2021 | 362 | $15.7B |
| Q3 2021 | 396 | $24.7B |
| Q2 2021 | 415 | $31.8B |
| Q1 2021 | 442 | $31.9B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding PDD Holdings Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Symmetry Investments LP | 8,000 | $946.8K | 0.09% | +8,000 | New |
| Atomi Financial Group, Inc. | 8,051 | $952.8K | 0.04% | +1,273+18.8% | Added |
| Hennion & Walsh Asset Management, Inc. | 8,068 | $954.8K | 0.04% | +638+8.6% | Added |
| Quadrant Capital Group LLC | 8,122 | $961.2K | 0.04% | +328+4.2% | Added |
| Banco Santander, S.A. | 8,262 | $977.8K | 0.01% | −9,329−53.0% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 8,567 | $1.01M | 0.13% | −131−1.5% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 8,646 | $1.04M | 0.01% | −2,544−22.7% | Reduced |
| Truist Financial Corp | 8,840 | $1.05M | 0.00% | +92+1.1% | Added |
| Signaturefd, LLC | 8,957 | $1.06M | 0.02% | +119+1.3% | Added |
| Oberweis Asset Management Inc | 9,000 | $1.07M | 0.05% | −3,000−25.0% | Reduced |
| Ping Capital Management, Inc. | 9,000 | $1.07M | 0.71% | −800−8.2% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 9,060 | $1.07M | 0.01% | 00.0% | Unchanged |
| Agf Management Ltd | 9,179 | $1.09M | 0.01% | +1,053+13.0% | Added |
| NFJ Investment Group, LLC | 9,256 | $1.10M | 0.04% | −1,085−10.5% | Reduced |
| Point72 (DIFC) Ltd | 9,303 | $1.10M | 0.11% | +9,303 | New |
| RD Finance Ltd | 9,350 | $1.11M | 0.89% | +9,350 | New |
| Indus Capital Partners, LLC | 9,700 | $1.15M | 1.08% | 00.0% | Unchanged |
| Colony Group, LLC | 9,939 | $1.18M | 0.00% | +7,744+352.8% | Added |
| RBF Capital, LLC | 10,000 | $1.18M | 0.07% | +5,000+100.0% | Added |
| PKO Investment Management Joint-Stock Co | 10,000 | $1.18M | 0.13% | +10,000 | New |
| Vident Advisory, LLC | 10,109 | $1.20M | 0.02% | +338+3.5% | Added |
| US Bancorp | 10,217 | $1.21M | 0.00% | +1,138+12.5% | Added |
| Abn Amro Investment Solutions | 10,370 | $1.23M | 0.03% | +4,770+85.2% | Added |
| Caption Management, LLC | 10,609 | $1.26M | 0.06% | −108,391−91.1% | Reduced |
| Sicart Associates LLC | 10,700 | $1.27M | 0.44% | +584+5.8% | Added |
| Tower Research Capital LLC (TRC) | 10,813 | $1.28M | 0.04% | −28,311−72.4% | Reduced |
| VestGen Advisors, LLC | 11,016 | $1.30M | 0.06% | +11,016 | New |
| State of Wisconsin Investment Board | 11,043 | $1.31M | 0.00% | +11,043 | New |
| Cetera Investment Advisers | 11,077 | $1.31M | 0.00% | −77−0.7% | Reduced |
| Northwest & Ethical Investments L.P. | 11,576 | $1.37M | 0.04% | −6,305−35.3% | Reduced |
| Banque Pictet & Cie SA | 11,900 | $1.41M | 0.02% | +5,850+96.7% | Added |
| Wahed Invest LLC | 12,152 | $1.44M | 0.25% | +1,327+12.3% | Added |
| Brinker Capital Investments, LLC | 12,169 | $1.44M | 0.01% | +1,735+16.6% | Added |
| Orion Portfolio Solutions, LLC | 12,169 | $1.44M | 0.01% | +1,735+16.6% | Added |
| Boothbay Fund Management, LLC | 12,185 | $1.44M | 0.05% | +4,883+66.9% | Added |
| LGT Group Foundation | 12,379 | $1.47M | 0.02% | +3,528+39.9% | Added |
| Howard Capital Management Inc. | 12,546 | $1.48M | 0.04% | −1,840−12.8% | Reduced |
| Advisor Group Holdings, Inc. | 12,798 | $1.51M | 0.00% | +5,909+85.8% | Added |
| Capula Management Ltd | 12,841 | $1.52M | 0.01% | +8,479+194.4% | Added |
| SG Americas Securities, LLC | 12,864 | $1.52M | 0.01% | −389,314−96.8% | Reduced |
| Wexford Capital LP | 12,977 | $1.54M | 0.40% | +12,977 | New |
| JustInvest LLC | 12,987 | $1.54M | 0.02% | +2,546+24.4% | Added |
| Lord, Abbett & Co. LLC | 13,030 | $1.54M | 0.01% | −401−3.0% | Reduced |
| Cigna Investments Inc | 13,082 | $1.55M | 0.29% | +268+2.1% | Added |
| Integrated Quantitative Investments LLC | 13,280 | $1.57M | 0.77% | −1,800−11.9% | Reduced |
| Ritholtz Wealth Management | 13,341 | $1.58M | 0.05% | −553−4.0% | Reduced |
| Naviter Wealth, LLC | 13,157 | $1.58M | 0.19% | −192−1.4% | Reduced |
| Capital International Sarl | 13,728 | $1.62M | 0.04% | +9,007+190.8% | Added |
| Wealth Enhancement Advisory Services, LLC | 13,782 | $1.63M | 0.00% | +13,782 | New |
| Generali Investments CEE, investicni spolecnost, a.s. | 14,000 | $1.66M | 0.15% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 14,025 | $1.66M | 0.00% | −3,296−19.0% | Reduced |
| Caas Capital Management LP | 14,035 | $1.66M | 0.79% | +4,606+48.8% | Added |
| Pathstone Holdings, LLC | 14,336 | $1.70M | 0.01% | +4,456+45.1% | Added |
| Engineers Gate Manager LP | 14,371 | $1.70M | 0.03% | +4,314+42.9% | Added |
| Solstein Capital, LLC | 14,699 | $1.74M | 1.01% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 14,769 | $1.75M | 0.02% | +1,085+7.9% | Added |
| Sanctuary Advisors, LLC | 14,846 | $1.76M | 0.01% | +6,139+70.5% | Added |
| Intech Investment Management LLC | 14,890 | $1.76M | 0.02% | +395+2.7% | Added |
| Kamunting Street Capital Management, L.P. | 15,000 | $1.78M | 1.19% | −15,000−50.0% | Reduced |
| Danske Bank A/S | 15,012 | $1.78M | 0.01% | −3,300−18.0% | Reduced |
| Eisler Capital Management Ltd. | 15,319 | $1.81M | 0.05% | −90,411−85.5% | Reduced |
| Ariose Capital Management Ltd | 16,000 | $1.89M | 2.08% | +16,000 | New |
| Henry James International Management, Inc. | 16,168 | $1.91M | 0.66% | +17+0.1% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 16,745 | $1.98M | 0.02% | −1,005−5.7% | Reduced |
| China Universal Asset Management Co., Ltd. | 16,852 | $1.99M | 0.19% | +5,982+55.0% | Added |
| HighTower Advisors, LLC | 17,395 | $2.06M | 0.00% | +7,932+83.8% | Added |
| Private Advisor Group, LLC | 17,492 | $2.07M | 0.01% | +17,492 | New |
| Qtron Investments LLC | 17,641 | $2.09M | 0.31% | −536−2.9% | Reduced |
| GWM Advisors LLC | 17,673 | $2.09M | 0.01% | +3,001+20.5% | Added |
| Advisory Services Network, LLC | 17,894 | $2.12M | 0.04% | +2,104+13.3% | Added |
| Norinchukin Bank, The | 17,919 | $2.12M | 0.04% | +11,461+177.5% | Added |
| Tudor Investment Corp Et Al | 18,799 | $2.22M | 0.02% | −126,515−87.1% | Reduced |
| Cerity Partners LLC | 19,314 | $2.29M | 0.00% | +4,738+32.5% | Added |
| Mariner, LLC | 19,327 | $2.29M | 0.00% | +2,371+14.0% | Added |
| Envestnet Asset Management Inc | 19,373 | $2.29M | 0.00% | +7,412+62.0% | Added |
| NewEdge Wealth, LLC | 19,391 | $2.29M | 0.04% | +9,566+97.4% | Added |
| Banque Cantonale Vaudoise | 19,548 | $2.31M | 0.10% | +19,548 | New |
| Commonwealth Equity Services, LLC | 19,583 | $2.32M | 0.00% | +1,424+7.8% | Added |
| Swiss Life Asset Management Ltd | 20,806 | $2.46M | 0.02% | +20,806 | New |
| Exchange Traded Concepts, LLC | 20,930 | $2.48M | 0.04% | +2,027+10.7% | Added |
| Ameritas Investment Partners, Inc. | 21,850 | $2.59M | 0.09% | +599+2.8% | Added |
| Oasis Management Co Ltd. | 21,900 | $2.59M | 0.87% | −16,455−42.9% | Reduced |
| Alliancebernstein L.P. | 22,339 | $2.64M | 0.00% | −157,028−87.5% | Reduced |
| Veritas Asset Management LLP | 22,506 | $2.66M | 0.03% | −1,285−5.4% | Reduced |
| Crossmark Global Holdings, Inc. | 22,510 | $2.66M | 0.05% | −3,305−12.8% | Reduced |
| State of New Jersey Common Pension Fund D | 22,785 | $2.70M | 0.01% | 00.0% | Unchanged |
| RedJay Asset Management Inc. | 23,000 | $2.72M | 1.47% | +23,000 | New |
| Leonteq Securities AG | 23,054 | $2.74M | 0.21% | −27,591−54.5% | Reduced |
| Maytus Capital Management, LLC | 23,334 | $2.76M | 0.85% | +23,334 | New |
| CoreView Capital Management Ltd | 23,355 | $2.76M | 0.27% | +23,355 | New |
| Schonfeld Strategic Advisors LLC | 23,834 | $2.82M | 0.02% | +23,834 | New |
| Alps Advisors Inc | 24,463 | $2.90M | 0.02% | −4,096−14.3% | Reduced |
| AustralianSuper Pty Ltd | 24,681 | $2.92M | 0.02% | +1,892+8.3% | Added |
| Freemont Capital Pte Ltd | 26,000 | $3.08M | 0.06% | 00.0% | Unchanged |
| Parametrica Management Ltd | 26,100 | $3.09M | 5.20% | +26,100 | New |
| Federation des caisses Desjardins du Quebec | 26,091 | $3.09M | 0.02% | −4,975−16.0% | Reduced |
| Edmond de Rothschild Holding S.A. | 26,216 | $3.10M | 0.05% | +9,206+54.1% | Added |
| Allianz SE | 26,264 | $3.11M | 0.08% | +22,252+554.6% | Added |
| Mawer Investment Management Ltd. | 27,000 | $3.20M | 0.02% | +27,000 | New |
| M&T Bank Corp | 27,180 | $3.22M | 0.01% | +9,610+54.7% | Added |